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"They lag the price action and often you will have already seen the bottom before the Death Cross occurs." Exactly... We've seen bottom already.
Looks like it will cross and then re cross. There's no stopping that from happening. I still think the bounce and recovery is in play. News will drive the stock up.
That's my thinking. .15 is the support level.
Yes, it will.
Considering the lack of volume being traded recently, SPRWF is holding up pretty nicely. Anytime there's a lot of volume the share price shoots up. Seems like it's just gonna trade sideways for a while with a slight upside. Could see a nice big green candle in a couple weeks. Buy the dips
There may be one more down day, but then I see a reversal starting.
I just say November or December because of this http://www.nhpconsulting.ca/blog/medical-marijuana-delays-explained "I am told that applications will start to be approved again in the next two months, once the industry has had a chance to comply with the new requirements that will be laid down shortly. It is greatly unclear to me what the new requirements will be, but my hunch is they will focus on site locations and quality assurance documentation. Once these are released, Health Canada will very likely begin to expedite application reviews. This does happen with Health Canada on a regular basis, and we have seen this especially with the Natural and Non-Prescription Health Products Directorate (NNHPD) – every few years they would get stuck in their backlog because they were in process of releasing new guidance documents and wanted more files under the new standards. - See more at: http://www.nhpconsulting.ca/blog/medical-marijuana-delays-explained#sthash.uRADgvTo.dpuf"
Won't happen until November probably.
yes
An absolute buy right now.
Everything is messed up because of BABA
Bounce
You're clearly not on the same page as everyone else...
Because the growth in share price will be larger for Supreme and other companies that haven't received their MMPR license yet. And they won't be the leaders for very long.
You must be getting desperate. Are you afraid that you might end up owing money from your failed shorts?
I'll be holding for much longer actually. I just think you won't see many large holders selling until 2.
Now that I have an understanding about what Health Canada is up to and know they haven't completely abandoned MMPR applicants, I'm not sure if I should still be waiting to buy more shares. Are others still waiting?
You put a smile on my face for the weekend. Thanks!
It does. Nice find
All this drop has done is move the shares from a bunch of short term traders and weak hands into the hands of a smaller much more optimistic group that won't sell a damn share until at least $2. When the large number of shorts all try to cover at the same time, there's going to be blood in the streets from the battle of them trying to see who can exist soonest. Many of them are gonna end up owing money.
The chart actually looks bullish now. .40s here we come
I smell a short squeeze
Maybe you should try selling higher
Wow... That's fantastic!
He's short
Well these court cases drag on and on so idk.
So far there's no reason for it to go up other than it's taken a beating lately. I'm holding still
Where's everyone at? Is this bottom for ONVO?
AAPL is still undervalued with plenty of room to go. When will FNMA move?
I think we shoot past 3 potentially past 4 before coming back down to 3. Depends what is going on with the rest of the sector.
Stop wasting your time trying to defend the stock. There are plenty of investors that see the big picture. If the stock price goes down to .1 or wherever these idiots want it to go then great. Buy more. Do you need the money that you have invested right now? I'm gonna guess no. I don't expect a jump in the price until a license is issued anyway. It will come but there really is no need to buy now.
Pretty excited for the future of Organovo
I think ATTBF hit bottom and bounced nicely, but considering I plan on holding this for a couple years I hope it drops to .20 soon. I'll then be able to take my gains from my other stocks and buy up a buttload of shares and be ready for the massive run that will come going into November.
who's the idiot that bought 1 share?... that doesn't change the price
I would like nothing more that this stock to plummet into the .20s I could get so many more shares :)
I'll shift some funds to buy more attbf
whole market is down today. 9/11
Maybe you should buy at the asking price